LED lighting saves you money
This is obviously a very important advantage over fluorescent or metal halide lighting. Most people upgrade to LED lighting because they want to pay a lot less in electricity costs.
But how are the savings calculated? Let’s look at an example:
A typical 72W fluorescent ceiling panel light in an office would be replaced by a 26W LED panel.
If you have 100 of these fluorescent panels and they are on for 8 hours a day, 5 days a week, and 50 weeks a year – and assuming you pay 12p per kWh for your electricity – your annual electricity bill for these lights will be £1,728.
Here is the maths for fluorescent lighting:
100 panels x 72W = 7,200 watts = 7.2 kilo-watts (kW)
8 hours x 5 days x 50 weeks = 2,000 hours
7.2 kW x 2,000 hours = 14,400 kilo-watt hours (kWh)
14,000 kWh x 12p = £1,728
Switching to LED panels will reduce the annual bill to just £624. That represents an annual saving of £1,104 – a reduction of 63.9%. That’s a major advantage.
Here is the maths for LED lighting:
100 panels x 26W = 2,600 watts = 2.6 kilo-watts (kW)
8 hours x 5 days x 50 weeks = 2,000 hours
2.6 kW x 2,000 hours = 5,200 kilo-watt hours (kWh)
5,200 kWh x 12p = £624